Asda news

17 November 2020
Asda has revealed that LFL sales in the three months to September 30 th grew by 2.7%. This was a slowdown on Q2’s +3.8%, with the period coinciding with the end of the first UK-wide lockdown and the reopening of the hospitality sector. Online key to growth Asda reported that combined net sales across Asda.com and George.com were up 72% year-on-year as more customers took advantage of inc...
10 November 2020
Market growth in the 12 weeks to November 1st slowed slightly to 9.3%, from 9.4% in the previous reporting period, according to the latest Kantar results. We look at key retailers' sales growth and market share in more detail, including standout performances from Iceland, Lidl, Morrisons and Waitrose, who all grew above the market. Panic buying has not returned to levels seen before the first ...
20 October 2020
Asda has today opened a flagship sustainability trial store together with a new plastics reduction strategy that includes a pledge that customers will not pay more for greener options. The store at Middleton, Leeds, was due to open earlier this year but was delayed by the Covid crisis. It will function a Test and learn facility or sustainability, similar to its Stevenage technology store where ...
16 October 2020
The hypermarket channel is perceived to be struggling to grow, whether it is in store terms or sales. However, this is far from reality on a global basis. Retailers are finding ways to achieve incremental increases in basket size and are developing their proposition to attract shoppers back to store. We have selected three retailers investing in their largest stores and implementing new strategie...
14 October 2020
Asda has expanded its ‘test and learn’ partnerships strategy by joining forces with leading toy retailer, The Entertainer. It has also announced further initiatives to accelerate its in-store partnerships strategy. Five concessions to open The exclusive partnership will see The Entertainer turn the toy categories in five Asda stores into branded concessions offering customers a much larger ...
14 October 2020
In the 12 weeks ending 4th October market growth was +9.4%, according to Kantar, the first time we have seen it drop from double digits since April. In this article we explore the growth in more detail, leading retailers' performance, and highlight key pieces of content you may have missed in September and October. Changing restrictions once again impact behaviour Despite the overall drop f...
12 October 2020
Amazon has launched its first custom electric delivery vehicle in the US in partnership with electric vehicle manufacturer, Rivian. Meanwhile, Asda has also launched a trial of a new form of electric assisted cargo bike. Amazon’s first custom electric delivery vehicle Amazon has launched the electric delivery vehicle as part of its Climate Pledge. The Climate Pledge was co-founded by Amazon...
02 October 2020
Walmart has confirmed that the Issa brothers, co-CEOs of leading forecourt operator EG Group, and supported by TDR Capital have agreed to acquire its UK operations. The deal in brief Issa Brothers and TDR Capital will take equal shareholdings in Asda Walmart will retain an equity stake with an ongoing commercial relationship The deal values Asda at £6.8bn, on a debt-free and cash-f...
28 September 2020
The owners of forecourt operator EG Group are reported to have won the race to be the preferred bidder to buy Asda from Walmart. Issa Brothers and TDR understood to be preferred bidders Though not confirmed by Asda or Walmart at the time of writing, Sky News, citing City sources, has reported that a consortium led by Mohsin and Zuber Issa and backed by TDR Capital has been chosen by Walmart...
23 September 2020
This week, Asda will become the first UK supermarket to launch a vegan destination in store with two bays entirely dedicated to plant-based products. The launch follows a survey undertaken for the retailer which found that 17% of UK households are reducing their meat intake or following a plant-based diet, a trend also confirmed by recent  IGD ShopperVista research . New lines to meet surging ...